TTA-R Stock Overview

An investment holding company, operates as a shipping service company in Thailand and internationally. More details

TTA-R fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	3/6
Past Performance	2/6
Financial Health	4/6
Dividends	2/6

Rewards

Earnings are forecast to grow 66.73% per year

Risk Analysis

Dividend of 3.46% is not well covered by free cash flows

Profit margins (1.5%) are lower than last year (4.2%)

My Notes

Capture your thoughts, links and company narrative

Thoresen Thai Agencies Public Company Limited Competitors

Saha-Union

SET:SUC

฿9.1b

SCG Decor

SET:SCGD

฿7.7b

Vanachai Group

SET:VNG

฿5.4b

Stecon Group

SET:STECON

฿11.4b

Price History & Performance

Summary of share price highs, lows and changes for Thoresen Thai Agencies
Historical stock prices
Current Share Price	฿5.20
52 Week High	฿8.50
52 Week Low	฿4.90
Beta	1.59
1 Month Change	-8.77%
3 Month Change	-18.11%
1 Year Change	-18.75%
3 Year Change	-45.55%
5 Year Change	17.65%
Change since IPO	252.00%

Recent updates

Shareholder Returns

	TTA-R	TH Industrials	TH Market
7D	2.0%	0.2%	1.5%
1Y	-18.8%	8.7%	-1.8%

Return vs Industry: TTA-R underperformed the TH Industrials industry which returned 8.7% over the past year.

Return vs Market: TTA-R underperformed the TH Market which returned -1.8% over the past year.

Price Volatility

Is TTA-R's price volatile compared to industry and market?
TTA-R volatility
TTA-R Average Weekly Movement	5.5%
Industrials Industry Average Movement	4.4%
Market Average Movement	4.3%
10% most volatile stocks in TH Market	8.8%
10% least volatile stocks in TH Market	2.1%

Stable Share Price: TTA-R has not had significant price volatility in the past 3 months compared to the TH market.

Volatility Over Time: TTA-R's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1904	n/a	Chalermchai Mahagitsiri	www.thoresen.com

Thoresen Thai Agencies Public Company Limited, an investment holding company, operates as a shipping service company in Thailand and internationally. It operates through five segments: Shipping, Offshore Service, Agrochemical, Food and Beverage, and Investment. The company offers dry bulk shipping services that carries a range of mineral ore, coal, agriculture products, construction materials, and steel products; and operates fleet of owned 24 vessels.

Thoresen Thai Agencies Public Company Limited Fundamentals Summary

How do Thoresen Thai Agencies's earnings and revenue compare to its market cap?
TTA-R fundamental statistics
Market cap	฿9.48b
Earnings (TTM)	฿462.80m
Revenue (TTM)	฿31.48b

20.5x

P/E Ratio

0.3x

P/S Ratio

Is TTA-R overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
TTA-R income statement (TTM)
Revenue	฿31.48b
Cost of Revenue	฿26.26b
Gross Profit	฿5.22b
Other Expenses	฿4.76b
Earnings	฿462.80m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.25
Gross Margin	16.58%
Net Profit Margin	1.47%
Debt/Equity Ratio	41.0%

How did TTA-R perform over the long term?

See historical performance and comparison

Dividends

3.5%

Current Dividend Yield

88%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/27 18:05
End of Day Share Price	2024/12/27 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Thoresen Thai Agencies Public Company Limited is covered by 25 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Kawee Manitsupavong	Asia Plus Securities Company Limited
Jitra Amornthum	BNP Paribas Securities (Asia)
Suppata Srisuk	Bualuang Securities PCL